Villere ST Denis J & Co. LLC Acquires 211,203 Shares of Atlas Energy Solutions Inc. $AESI

Villere ST Denis J & Co. LLC lifted its holdings in Atlas Energy Solutions Inc. (NYSE:AESI) by 10.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,219,928 shares of the company’s stock after purchasing an additional 211,203 shares during the period. Atlas Energy Solutions accounts for about 2.4% of Villere ST Denis J & Co. LLC’s investment portfolio, making the stock its 19th biggest holding. Villere ST Denis J & Co. LLC owned approximately 1.79% of Atlas Energy Solutions worth $25,241,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cooke & Bieler LP lifted its position in shares of Atlas Energy Solutions by 29.0% in the third quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock worth $47,226,000 after buying an additional 934,114 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Atlas Energy Solutions by 5.0% in the 2nd quarter. Geode Capital Management LLC now owns 1,765,797 shares of the company’s stock valued at $23,611,000 after acquiring an additional 84,760 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Atlas Energy Solutions by 18.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,409,054 shares of the company’s stock worth $25,138,000 after purchasing an additional 219,834 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings in Atlas Energy Solutions by 4.9% in the 3rd quarter. Evergreen Capital Management LLC now owns 1,382,120 shares of the company’s stock worth $15,715,000 after purchasing an additional 64,630 shares during the last quarter. Finally, Pine Ridge Advisers LLC boosted its position in Atlas Energy Solutions by 83.7% during the second quarter. Pine Ridge Advisers LLC now owns 1,212,980 shares of the company’s stock worth $16,218,000 after purchasing an additional 552,500 shares during the period. 34.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Atlas Energy Solutions

In other news, major shareholder Chris Scholla sold 52,150 shares of Atlas Energy Solutions stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $8.82, for a total transaction of $459,963.00. Following the sale, the insider directly owned 550,907 shares in the company, valued at approximately $4,858,999.74. The trade was a 8.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 15.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AESI. Piper Sandler lowered their target price on shares of Atlas Energy Solutions from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, November 17th. Citigroup lowered their price target on Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating on the stock in a research report on Tuesday, December 23rd. Barclays reissued an “underweight” rating and set a $7.00 price objective (down previously from $11.00) on shares of Atlas Energy Solutions in a research report on Friday, November 14th. Zacks Research raised Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, The Goldman Sachs Group lowered Atlas Energy Solutions from a “neutral” rating to a “sell” rating and cut their price target for the stock from $12.00 to $8.00 in a report on Thursday, November 20th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Atlas Energy Solutions currently has an average rating of “Hold” and a consensus price target of $12.80.

Atlas Energy Solutions Stock Performance

Shares of NYSE AESI opened at $11.76 on Tuesday. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of -130.61 and a beta of 1.24. Atlas Energy Solutions Inc. has a one year low of $7.64 and a one year high of $23.03. The business has a fifty day simple moving average of $10.14 and a 200 day simple moving average of $10.88. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 0.43.

Atlas Energy Solutions Company Profile

Atlas Energy Solutions (NYSE: AESI) is an independent energy infrastructure company specializing in the development and operation of low-carbon and renewable natural gas (RNG) projects alongside complementary clean energy offerings. Through its diversified platform, the company seeks to deliver decarbonization solutions across heavy-duty transportation and industrial markets, leveraging technologies that reduce greenhouse gas emissions while providing reliable fuel and energy services.

The company’s core business activities encompass four primary segments.